Form 4: Riley Exploration Permian Insider Alvin Gerald Libin Increases Stake with $351,840 Purchase

Alvin Gerald Libin, a director and 10% owner of Riley Exploration Permian, indirectly acquired 12,000 shares at $29.32 per share, increasing his indirect holdings to 2,206,921 shares.

Summary

• On March 31, 2025, Alvin Gerald Libin, a director and 10% owner of Riley Exploration Permian, indirectly acquired 12,000 shares of the company's stock.
• The shares were purchased at a price of $29.32 per share, totaling $351,840.
• The transaction increased Libin's indirect beneficial ownership to 2,206,921 shares.
• The shares are held indirectly through 2624063 Alberta Ltd., which is wholly owned indirectly by Alvin Gerald Libin.
• Shares previously owned directly by Balmon Investments Ltd., the parent company of 2624063 Alberta Ltd., were acquired by 2624063 Alberta Ltd. in a change of beneficial ownership.
• Alvin Gerald Libin, 2624063 Alberta Ltd., and Balmon Investments Ltd. are considered a group for Section 13(d) purposes under the Exchange Act.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed favorably, but the document itself is simply a report of the transaction.

Positives

• Insider buying can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored in the oil and gas industry as they can provide insights into the perspectives of key individuals regarding the company's performance and future prospects. This purchase by a director and significant shareholder could be interpreted as a positive signal.

Key Dates

Keywords

Riley Exploration Permian, REPX, insider trading, beneficial ownership, Form 4, Alvin Gerald Libin, 2624063 Alberta Ltd., Balmon Investments Ltd., Section 16, purchase